True Patriot Love - September 26, 2026


Tariff Fatigue Is Here: What Happens to Canada Next?

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Length

16 minutes

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3,179

Sentence count

47

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1

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Transcript

Transcript generated with Whisper (turbo).
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00:00:00.000 The average Canadian goes through their life and they'll see an alert on their phone or hear
00:00:05.460 something in news. And it's hard to digest. It's hard. What does that mean for me? What does that
00:00:13.720 mean for my family? Why can't I afford to fill my vehicle? Why can't I get some decent food for my
00:00:21.020 family at Costco now? And it's basic stuff and they're asking questions.
00:00:30.140 In the childhood tale, the boy who cried wolf,
00:00:33.540 eventually a boy who cried wolf too much,
00:00:36.140 people stopped listening.
00:00:37.360 And right now, as Canadians and North Americans,
00:00:40.460 every time we hear a story about tariffs,
00:00:42.420 we can't take it anymore.
00:00:43.860 It's white noise.
00:00:45.060 Enough.
00:00:45.560 I'm tapping out.
00:00:46.600 I have tariff fatigue, and I know this guy, Mike Wixon, has it too.
00:00:50.140 Hi, Mike.
00:00:50.680 Hey, I do.
00:00:52.180 Enough is enough.
00:00:53.260 Even the discussion of it makes me, first of all,
00:00:56.560 I think that the more we talk about it,
00:00:58.000 the more we hit neutral on it,
00:00:59.420 and we just let it coast and that kind of worries me but much like uh many of my canadian friends
00:01:06.620 and uh even my colleagues talking about the most recent trip to costco it's by the way he called
00:01:13.260 it price club no he did not he said costco stop it uh he uh he pointed out you know he spent 750
00:01:19.720 bucks and didn't even fill his trunk so now we're starting to see the actual inflation
00:01:24.520 effects now mclean's wrote a brilliant column in august basically this is the start of of terror
00:01:31.620 fatigue the people canadians are getting a poll every two weeks and there's a pronouncement on
00:01:37.140 both sides of the government and now everyone's can't take it anymore they can't digest the
00:01:42.660 numbers it's a tsunami of numbers and percentages and costs it comes down to the basic needs john 0.79
00:01:49.100 stuart monday on a show looking to like it cost 140 to fill his vehicle he said this is ridiculous
00:01:56.020 and paul micucci was in the same boat with his his vehicle he posted it what was it we talked
00:02:01.280 was 186 to fill his tank okay so going to the grocery store now is even so recently people
00:02:08.800 were posting this i spent 100 this is all it gets me i got news for you when diesel costs as much as
00:02:15.120 it does that the fuel that runs all the trucks that delivers the good that hundred dollars you
00:02:20.200 think it's a little now you just wait in a couple months how little it's going to give you and and
00:02:24.620 people are think i can't fill my tank i'm struggling to buy basic food i might need a bag of cement or
00:02:31.300 piece of wood for my house that's gone through the roof yeah already we're starting to see building
00:02:36.200 supplies go up uh i had an experience with cement this morning hey a little a little situation i
00:02:43.140 needed some cement you know uh but even the the the rate that i paid for that based on the quote
00:02:50.260 that i got three months ago was startlingly different oh yeah i i you know and i can only
00:02:55.180 blame that on one thing i mean the rate of inflation didn't go up 50 but the terrorists
00:03:00.180 have a very quick favor before we continue a large percentage of you who watch or listen to tpl media
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00:03:27.380 nothing keeps you informed so thank you now back to the show so let me see if i got the numbers
00:03:33.660 Let's take a look at the numbers for one second.
00:03:36.200 We're going to look at the numbers lightly.
00:03:37.560 Just not to fatigue you, but these are the numbers that are starting to come up.
00:03:42.600 Now, Carney's in a position.
00:03:44.760 I don't know what he's going to do.
00:03:46.400 The U.S. isn't negotiating in good faith.
00:03:48.800 We see that.
00:03:49.740 We see that they're doing that around the world.
00:03:51.340 Trump's U.N. speech yesterday was abominable on so many levels,
00:03:57.020 but economically speaking, it was obvious that he is on his own agenda
00:04:01.600 and very proud for what he's doing.
00:04:05.320 Now, on this side of the border,
00:04:06.900 already $7.5 billion has been put out there
00:04:10.820 as a support package,
00:04:11.860 $3.5 for worker support,
00:04:13.840 which means people are going to get checks,
00:04:15.200 I would assume, to employ people.
00:04:17.920 That's not great.
00:04:19.120 $2 billion in Canadian Strong Diversification Fund,
00:04:22.780 which means that they're going to invest
00:04:23.940 in various companies that should support it,
00:04:26.520 and $1.5 billion in regional SME liquidity,
00:04:29.100 uh or 500 million dollars from the bdc and on top of that mike they basically are going to ram
00:04:34.900 through this bill the basically for big projects not only are you going to take away all the checks
00:04:41.120 and balances that we're used to in big projects in canada they're basically going to strip the
00:04:44.980 right to strike if you're a unionized worker if they consider it a job of national interest
00:04:50.360 yeah so they're like we're going to build this you can't strike you can't stop us if there's
00:04:55.840 a frog or turtle are going to be hurt because we're going to create the money through we're
00:04:59.940 pushing it through yeah uh i think that's good that's encouraging to some degree a lot of
00:05:04.400 canadians like to see that uh and i and i think that if it actually comes to fruition we'll we'll
00:05:09.060 be uh we'll be ahead of the game when that happens you know the other thing that occurred to me was
00:05:13.700 you know we have uh tariffs that we've counter tariffed with right so we have tariffs and
00:05:18.880 counter tariffs it won't be long before tariffs affect every single thing i think it is now
00:05:25.780 on both sides of the border shipping ship anything right now and see how how much that costs but
00:05:30.860 especially we're getting to like october then it's u.s thanksgiving which is bigger than christmas
00:05:35.580 in america then we have our holiday season in december and you're like i have a loved one a
00:05:41.380 relative whatever i'm going to go online and buy them this and then you click the shipping cost
00:05:46.500 you're like nope because it costs all of a sudden your cost is doubled or more so not only are we
00:05:51.540 getting these numbers thrown at us but it's such a multi multitude and multivariate uh collection
00:05:58.200 of economics at the moment yes we which is now affecting our uh interest rate yes held held
00:06:06.600 tight even though inflation is on the rise no choice but to do that it's likely going to go
00:06:10.780 up in canada it's likely going to go up uh you know making uh that mortgage realization the
00:06:15.880 mortgage wall that we all hear about coming up a more intense impact on the economy but these are
00:06:22.520 all of the elements that are that fatigue you're talking about it that chain reaction now is
00:06:29.260 muddy and nebulous in our minds but the net result is it's costing us more than ever already
00:06:36.540 and this is the crux of the fatigue mike that the average canadian goes through their life and
00:06:41.780 they'll see an alert on their phone or hear something in news and like it's it's hard to
00:06:49.460 digest yeah it's hard what does that mean for me what does that mean for my family what why can't i
00:06:56.180 afford to fill my vehicle why can't i get some decent food for my family at costco now like
00:07:01.800 and it's basic stuff and they're asking questions and i understand the politicians
00:07:06.320 the stances they are taking but at the end of the day carney and his his cabal of interministers
00:07:14.080 have to explain to the country how you can put gas in your car feed your family heat your home
00:07:21.120 and get through this winter basic stuff well beyond all the the big harvard economic noise
00:07:26.800 we're hearing the major projects push uh that we heard yesterday yes is a big step forward i think
00:07:33.580 absolutely in in just moving us into taking care of ourselves i think that you know refining more
00:07:39.820 of our own oil we talk about this consistently you know really let's let's nationalize some of
00:07:45.320 our resources whether it's oil whether it's you know uh hydroelectric energy uh lng nuclear nuclear
00:07:52.800 all of that we should be putting on the shelves as a nation now and not taking enough investment
00:07:59.300 in these properties that we don't own them and as we speak right now mark carney is meeting again
00:08:04.900 with eu leaders yeah in the top leaders of europe and other countries in the world basically like
00:08:10.580 you saw what trump did do you want to align yourself with him or us and he he's pushing
00:08:16.340 his chips in saying what hand do you want to deal with you know me or him he's bragging about five
00:08:22.340 nearly 500 billion dollars uh in new investment at the investment summit
00:08:29.460 yeah none of it's been papered no but let's say even 30 of that comes in that's a big chunk of
00:08:35.700 money it is so some of these things that we're starting to see the federal government do that
00:08:39.940 are not normal liberal moves yes are really starting to well i don't know if they'll make
00:08:46.500 a difference but they're starting to come into play and if the rubber meets the road on these
00:08:50.820 not mous actual deals not you know uh sketched out plans but actual we're into production on
00:08:58.820 these national project plans we might actually weather the storm okay yeah i mean we're only a
00:09:05.100 couple of months away from the midterms in the u.s but not even now we're down to 40 days 40 days
00:09:10.160 so and it's gotten to the point where average americans have such anger they did a poll i think
00:09:17.760 a couple days ago only 29 that's it approval what trump's doing in iran 29 that means basically
00:09:26.240 you're talking like 70 of the country and that's a lot of republicans are upset with him well you
00:09:32.320 hear trump they're upset with him no matter what happens in the midterms i'm continuing with my
00:09:36.000 plans that's a disturbing little note he might try but if he has no congress and no senate yeah how
00:09:42.800 it's going to be he's going to be lame duck to the end the one thing that you can't underestimate
00:09:46.480 is the power of the presidency i mean there is a certain amount of uh power in that uh you know
00:09:51.880 he's talking about how he's not at war he's in trade wars around the world it's not just with
00:09:57.700 canada no in fact canada is one of the tiny ones he's on his way to china uh i would imagine that
00:10:02.700 that will net him either uh a very poor oh that's the china meeting in washington coming up right
00:10:09.640 yeah with president uh so you know uh sorry he's not headed to china china's headed to him sorry
00:10:15.720 that threw me off for a second my bad sorry yeah yeah yeah you don't you don't want to know how
00:10:19.880 many times i missed the office today uh just driving by uh but yeah that meeting upcoming so
00:10:25.660 i and to me that feels like an amazing win for trump potentially or everything that he's built
00:10:33.960 to this point starts to crumble because he can't get a deal with china and everybody else in the
00:10:38.940 world can't hey before we go any further please hit the subscribe button right now if you want
00:10:44.340 the raw debates the full uncut conversations you won't see here head straight to tplmedia.ca
00:10:49.980 subscribe and lock in your membership trust me you don't want to miss what happens behind the
00:10:54.500 paywall all right back to the show everyone in his inner circle all the reporters that really
00:11:00.120 know him he can't stand criticism he's got very very thin skin yeah so you had him all by the way
00:11:07.820 nick you weren't supposed to be here to be asking us questions i specifically asked you wouldn't be
00:11:12.700 here asking questions and here you are what happened with the whole thing with originally
00:11:17.120 denmark and greenland and then a couple days ago he did he said in this speech denmark are great
00:11:24.100 people i love greenland i love denmark and someone said basically they just confirmed a deal that was
00:11:29.760 already in place and it's more of the taco trump always chickens out so he was how many times has
00:11:36.540 trump railed against china when xi is in washington i i would go on my betting app right
00:11:42.560 now that he's going to go on and on about how great xi is how great china is and we have a
00:11:46.720 deal with china poly market that absolutely uh i think that uh you're right i think that 1.00
00:11:52.820 if he can't come out of it the other side of it is we can't do a deal with china china's untenable 0.72
00:11:58.460 we you know we we can't trust techno it it will become the opposite there is no mid and everybody 1.00
00:12:04.980 talks about trump playing 3d chess i don't think so he can barely put his pants on over his depends
00:12:11.140 forget three you were gonna say that i knew depends was gonna well it's rumored it's rumored
00:12:16.980 allegedly but the fact of the matter is you do see some sour faces standing behind him in photos
00:12:22.980 you will see probably i almost guarantee you well trump will take whatever little nugget of news
00:12:28.660 from his meeting with china spin it to his advantage hopefully that turns the tide to 0.89
00:12:33.220 to the midterms all of a sudden china's great let's do deal with china let's do business yeah 0.99
00:12:38.220 i i do think that what something has to happen now that is relief for this now we're headed 0.87
00:12:45.360 toward more discussions with the u.s he won't do that until after he meets with uh with china
00:12:50.740 however i think that at that moment either canada by the way if he does a great deal with china i
00:12:57.180 don't know what canada's deal is going to be well canada already has the deal for the 49 000
00:13:02.200 electric cars uh and other deals in place it will be interesting if that changes the dynamics going
00:13:09.020 forward of what the next deal or next two deals could be well trump certainly doesn't want us
00:13:13.300 taking chinese cars i mean he's unless unless it's to his advantage exactly now if it's to his
00:13:18.960 advantage he would take 200 000 of them right and so that's that's why i think what carney in the
00:13:24.280 back of his mind has to worry about is that trump basically steals his thunder doubles or triples
00:13:31.300 amount of chinese cars enter and having them sort of a final assembly somewhere in america
00:13:37.680 and maybe they put the wheels on in some place in ohio then they ship them he can say look i
00:13:43.040 created jobs i think we're three years away from revisiting kuzma with a new oh yeah new president
00:13:48.920 no it's not going to happen during this administration i don't think so but i do
00:13:52.840 think that uh mexico and canada will begin to deal around the u.s yes i do think that certain
00:13:58.520 states will begin to deal with canada to do business with mexico and vice versa the border
00:14:03.560 states are desperate for our business again they're desperate you want tariff fatigue those
00:14:08.600 poor cities those poor states are feeling it just the same way we are uh and if you take a poll i
00:14:14.760 would imagine in those areas trump doesn't even show up on the radar and think about it mike i
00:14:18.440 mean there have been times in our history where it was maybe michigan or washington state or
00:14:23.640 minnesota yeah or maine when has it ever been every border state from coast to coast hurting
00:14:30.600 from dairy to lumber to seafood yeah to potash potash to tourism and all that a lot of those
00:14:38.440 places like vermont of vermont new hampshire those places that rely on a lot of tourism from
00:14:44.280 eastern ontario quebec it's it's gonna be another rough winter for them well you know canada we're
00:14:49.720 We're getting our potash from a place we can't get it from.
00:14:52.580 No, but he changed his mind.
00:14:54.020 Did he turn that over?
00:14:55.400 Well, yeah.
00:14:56.560 I think I saw something that he changed his mind on that again.
00:14:59.580 Well, I think that he realized, how am I going to get that potash here?
00:15:02.740 From a landlocked country to America.
00:15:06.260 Through a bunch of nations I've recently offended.
00:15:09.400 Here's his issue.
00:15:11.220 Canada has seven nickel mines, seven, and processing plants.
00:15:15.440 America has one and no processing plant for nickel.
00:15:18.480 and nickels in everything in america now in your phone and the turbine blades of a of an aircraft
00:15:24.960 and in so many things the hardening agent that makes the difference it's so canada has the
00:15:30.180 aluminum the potash the nickel has a lot of oil and gas and if america's still going to have a
00:15:37.220 lot of this ongoing issue with iran he can rant only once about tariffs the longer carny waits
00:15:44.760 mode the better it is for canada because the more advantageous deal the country is going to be able
00:15:49.880 to get well i'll tell you what if you've got tariff fatigue i have a little bit of advice for
00:15:54.920 you yes please take a break and think to yourself what's the opposition doing about this right now
00:16:00.040 in canada that's a rabbit hole that you can go down on your own well and then cover that again
00:16:04.680 sometimes you uh reap what you solve right uh jim thanks for talking about this if you have
00:16:09.800 tariff fatigue explain why if you're already uh getting hit with tariffs in a big way just in the
00:16:16.680 pocketbook going shopping you've got a construction project or it's affected your job let us know in
00:16:22.420 the uh in the comments we'll take a minute and talk about it yes time that we and the best way
00:16:26.920 that you deal with it like that's a great point what is your method how do you deal with that
00:16:33.100 like what's your go-to like i'm not dealing with this tariff stuff anymore i'm just going to do
00:16:37.440 this i'm going to adapt in this way i'm going to do this exactly yeah and then eat it out and this
00:16:41.860 sort of cleanse your mind from all the the nonsense coming out of the white house and it's not that we
00:16:47.020 want to be uh virtuous we just actually could use the advice because we like advice thank you jimmy
00:16:53.120 thanks thanks